Shares of Aradel Holdings Plc have surged previous the N1,000 mark for the primary time ever, closing at N1,096.70 per unit on sixteenth February 2026.
The rally displays sturdy shopping for strain, triggering NGX’s 10% every day buying and selling restrict and lifting the inventory’s month-to-date achieve in February to 40.6%.
12 months-to-date, Aradel shares have delivered a 63.7% return, with over 101 million shares traded to this point on the Nigerian Alternate.
The rally follows a 12-month goal of N1,040 set by analysts at Rencap in October 2025, a milestone the inventory has now exceeded since being listed at N702.69 per share in October 2024.
In line with every day buying and selling information, Aradel featured on the advancers’ desk on 16 February 2026, becoming a member of greater than six different corporations that hit NGX’s every day 10% achieve restrict.
Since itemizing on the Nigerian Alternate in October 2024 at N702.69 per unit, Aradel shares principally traded under the itemizing worth, registering an increase that peaked at N782 solely in October 2025.
12 months-to-date, the shares are up 63.69%, with the primary quarter of 2026 shaping as much as be the corporate’s strongest but, because the market doubtless responds to its stable {financial} efficiency.
Refined merchandise income additionally grew 18% to N210.8 billion, supported by a 26% enhance in gross sales quantity, whereas gasoline income surged 65% to N46.4 billion, contributing 7% of whole income.
On October 14, 2024, Aradel listed its 4,344,844,360 strange shares on the Primary Board of the Nigerian Alternate Restricted by introduction at a share worth of N702.69.
On itemizing day, shares closed at N772.90, pushing the market capitalization from N3.06 trillion to N3.4 trillion.
Earlier than becoming a member of the Nigerian Alternate, Aradel Holdings traded on the NASD OTC market in early 2024, initially priced at N1,089 per share.
By September 4, 2024, investor demand had pushed the worth to N9,867.38.
In a strategic transfer on September 30, 2024, the corporate applied a share re-denomination, lowering the nominal worth to N0.50 and splitting every share into 20. After the break up, the inventory worth was recalibrated to N469.95 per share.
Regardless of the re-denomination, the inventory continued to realize, closing at N641.06 by October 9, 2024, a 36% enhance in only a few days, setting the stage for its profitable debut on the Nigerian Alternate.
Till October 2025, nonetheless, shares principally traded under the introduction worth.
Renaissance Capital Africa issued a “Purchase” suggestion on Aradel Holdings Plc, forecasting a 62.6% upside from N640.20 to a goal worth of N1,040.
The corporate at the moment has a market capitalization of N4.76 trillion on the Nigerian Alternate.
